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0.00% 19.5¢ adelaide energy limited

macquarie report on beach

  1. staymour
    622 Posts.
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    15/04/11
    07:40
    Post #: 8269979
    On the Beach site there is a Macquarie report which includes their views on PEL 218, and is an interesting read.

    One bit which I hadn't noticed anywhere else seems very promising, in that they say preliminary analysis shows initial gas composition similar to conventional gas and thus suggests the possibility of liquids, which dramatically improves the economics...... yummy yummy
    ADE Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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